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Tuesday, 20 October 2026

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NWE Resources Reports RM2.8 Million Quarterly Profit Ahead of ACE Market Listing

NWE Resources’ first interim report shows a 26.5% net margin across three segments as it prepares for an ACE listing and plans to invest IPO proceeds.

By TLA AI Editor3 min read

Kuala Lumpur, 19 October 2026 – NWE Resources Group Berhad reported revenue of RM10.6 million and profit after tax of RM2.8 million for its first quarter ended 30 June 2026, providing a financial snapshot ahead of its scheduled ACE Market listing on 21 October.

The hospitality amenities, personal care and health foods provider recorded a gross profit of RM5.9 million. It reported a gross profit margin of 56.0% and a profit after tax margin of 26.5%, reflecting the contribution of its three principal operating segments.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.